Anupama Singh said:
Hello Saint!
At what stage in a intermediate downtrend do we say that we are in a bear market?How do we make out the difference between a major trend move and an intermediate trend move?
Please take your time in answering,maybe over the weekend.
Thanks!
Regards!
Anu
At what stage in a intermediate downtrend do we say that we are in a bear market?How do we make out the difference between a major trend move and an intermediate trend move?
Please take your time in answering,maybe over the weekend.
Thanks!
Regards!
Anu
To answer your query,we need to go into the basics of Trends.........Let us get into it from the beginning.Then let's address your doubt.
TRENDS
As per time frames,we can classify Trends into:
A.SECULAR TRENDS
B.PRIMARY TREND
C.INTERMEDIATE TREND
D.SHORT TERM TRENDS
A.SECULAR TRENDS
Every short term trend has within it one to several intraday uptrends and downtrends.Every intermediate trend has within it one to several short term uptrends and downtrends.Every primary trend has within it one to several intermediate uptrends and downtrends.So too,every secular trend has within it one to several primary uptrends and downtrends.
What we mean by Bull market is a market ina primary uptrend.What we mean by a Bear Market is a market in a primary dntrend.
A SECULAR BULL MARKET has primary uptrends(Bull mkts)greater in magnitude and duration as compared to its primary dntrends(Bear mkts).Expect the bull markets to unfold longer than the bear markets in a secular bull move.
Vice versa for the SECULAR BEAR MKT.A secular bear market has primary dntrends greater in magnitude and duration as compared to its primary uptrends.Expect the bear markets to take longer to unfold than the bull markets in a secular bear move.
A Secular trend usually lasts about 10-25 years.
Let us get into the others tomorrow.........maybe we can also have a look at some secular trends on charts.
All the best!
Saint